ASTRAL FOODS LIMITED - Appointment of group financial manager (Chief Financial Officer designate)

Appointment of group financial manager (Chief Financial Officer designate)

ASTRAL FOODS LIMITED
“Astral Foods” or “the Company” or “the Group”
(Reg. No. 1978/003194/06)
(Incorporated in the Republic of South Africa)
Share Code: ARL
ISIN Code: ZAE000029757

APPOINTMENT OF GROUP FINANCIAL MANAGER (CHIEF FINANCIAL OFFICER
DESIGNATE)

In terms of Astral Foods succession planning Mr. Dries Ferreira
has been appointed Group Financial Manager (Chief Financial
Officer designate) with effect from 10 January 2022.

Dries graduated from the University of Port Elizabeth (now NMU)
and later qualified as a Chartered Accountant (SA) in 2004
after completing his articles with PricewaterhouseCoopers Inc.
He was appointed Chief Financial Officer and executive director
of Dawn Limited in 2007. Dries has extensive experience serving
as Executive Director. He is currently the Chief Executive
Officer of WellCapital Propriety Limited providing C-suite
solutions to African and European clients and also the Chief
Financial Officer and executive director of Newpark Real Estate
Investment Trust Limited, a listed South African based REIT
focused on investing in A-Grade properties in prime locations.

Mr. Daan Ferreira the current Chief Financial Officer will
serve as Chief Financial Officer until he retires at the annual
general meeting in 2023.

Pretoria
15 November 2021

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank
Limited

Date: 15-11-2021 09:47:00
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